`Financial Inclusion' as defined by the committee of financial inclusion is the process of ensuring access to financial services and timely and adequate credit, where needed by vulnerable groups, such as weaker sections and lower income groups at an affordable cost. Reserve Bank of India (RBI) has selected Baikunthpur village in Narayanpur block of Mirzapur district to provide banking services to the villagers under its financial inclusion programme. The programme...

Inefficiency, the global financial meltdown and rising food prices have conspired to reverse progress made on poverty and hunger Head out of Delhi, across the fetid Yamuna river, with the tourist sites behind you and the northern Indian plains in front of you. Go past the new, luxury flats built for the Commonwealth Games, turn right and follow the lines of the new metro and then plunge left, avoiding the chaotic...

Despite some movement in primary education, assured rural employment and access to potable water, India continues to lag behind in realising the Millennium Development Goals set for 2015 by the United Nations, says a new report. Persistent inequalities, ineffective delivery of public services, weak accountability systems and gaps in implementing pro-poor policies are major bottlenecks to progress, said the country report on India pertaining to the Millennium Development Goals. It...

Congress leader and Rajya Sabha member Mani Shankar Aiyar said on Sunday the authorities were not taking enough steps to bridge the widening gap between the rich and the poor. He raised questions over the implementation of major schemes such as the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS) and accused the Union government of “relentlessly” supporting the stock market, thinking its health reflected the people's health. Delivering a lecture here...

The Union government plans to empower the Central Vigilance Commission (CVC), which currently oversees the work of state agencies and state-owned companies, to investigate complaints against its flagship rural jobs scheme. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) promises 100 days of annual work to one member of every rural household. CVC currently has to route complaints about irregularities in the scheme’s execution to a state chief secretary or the...